SYDNEY - Gelion PLC, an Anglo-Australian battery technology company, has been awarded approximately £2.5 million (A$4.8 million) by the Australian Renewable Energy Agency (ARENA) to further develop its Lithium Sulfur (Li-S) and Silicon Sulfur (Si-S) battery technologies. The funding, as part of the Advanced Commercial Prototyping Centre (ACPC) Project in Sydney, is contingent upon Gelion securing matching co-funding.
The grant will support Gelion in optimizing its next-generation battery technologies, which have demonstrated a 402 Wh/kg energy density in a 12 Ah Li-S pouch cell, surpassing traditional lithium-ion batteries by over 60%. This innovation positions Gelion's batteries for high-growth markets such as electric aviation, electric vehicles, and stationary energy storage solutions.
The ACPC Project aims to produce approximately 2000 Li-S and Si-S cells annually for testing and validation with potential commercial partners, which could lead to revenue generation. It also focuses on establishing key global supply chain partners, achieving third-party certification for battery safety, and advancing manufacturing methods to increase efficiency and reduce carbon footprint.
Gelion's CEO, John Wood, expressed gratitude for ARENA's support and emphasized the project's importance for the company's growth and the advancement of battery technology in Australia. ARENA's CEO, Darren Miller, highlighted the project's potential to drive next-generation battery technology, offering more efficient and sustainable energy storage solutions critical for the clean energy transition.
The ACPC Project aligns with the strategic priorities of ARENA and the Australian Government's Battery Breakthrough Initiative, aiming to enhance the economics of energy storage through novel battery chemistries and support the development of battery manufacturing capabilities.
The information is based on a press release statement from Gelion PLC.
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